Used primarily as an intermediate in organic synthesis, this compound serves in the development of pharmaceuticals and biologically active molecules. Its structure supports the construction of nitrogen-containing heterocycles, which are common in medicinal chemistry. It is also employed in research settings to explore new reaction pathways or to build more complex polycyclic systems. Due to its ketone and aromatic functionalities, it participates in condensation, reduction, and substitution reactions, making it valuable in the design of novel compounds with potential neurological or anti-inflammatory activity.